Market Overview:
The global automotive pressure transducers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about safety are also contributing to the growth of this market. Based on type, the global automotive pressure transducers market is segmented into gauge pressure, absolute pressure, sealed pressure, and vacuum pressure. Of these segments, gauge pressure held a dominant share in 2017 and is expected to continue its dominance during the forecast period as well. This can be attributed to its low cost and easy installation process compared with other types of automotivepressure transducers available in the market.
Product Definition:
An automotive pressure transducer is a device used to measure the pressure of fluids in an automotive system. The importance of automotive pressure transducers is that they allow mechanics to diagnose problems with the car's fluid systems and fix them.
Gauge Pressure:
Gauge pressure is the atmospheric pressure at a given point. It is represented by the letter 'G' followed by its unit of measurement, for example, 10-5 Gage or 1 atmosphere. Gauge pressures are used in automotive pressure transducers to measure low and high vacuum as well as air and water vapor content in engines.
The gauge pressure can be generated artificially using a vacuum pump or naturally through an air compressor attached to an engine's intake system.
Absolute Pressure:
Absolute pressure is a measure of force or applied external pressure. It is independent of the surrounding medium and does not vary with the distance from the source. Absolute pressure can be generated by various devices, such as steam, air, hydrogen gas in an internal combustion engine or compressed air.
The automotive industry has witnessed significant changes over recent years in terms of technology and design trends for automobiles.
Application Insights:
Passenger car application segment accounted for the largest share of over 60.0% in 2017. Pressure sensors play a vital role in engine management systems of passenger cars, as improper sensor selection can lead to misfire and/or stalling of the engine. Additionally, these devices help optimize fuel consumption by monitoring pressure levels during different driving conditions and adjusting valve operation accordingly.
The commercial vehicle application segment is expected to witness significant growth over the forecast period owing to rising demand for trucks and buses from various industries such as mining, construction, agriculture etc., across all regions globally. Moreover, increasing focus on improving road infrastructure coupled with rising government spending on transportation projects will boost product demand further over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30.0% in 2017 owing to increasing sales of passenger cars and commercial vehicles in countries such as China, India, South Korea, and Japan. Moreover, rising disposable income coupled with consumer preference for high performance cars is anticipated to drive product demand over the forecast period.
Europe held a significant share in terms of both volume and revenue due to stringent regulations laid down by various regulatory bodies such as European Union5/25and International Organizationfor Motor Vehicle Traffic Safety (OICA). Stringent norms regarding fuel economy along with emission control limits have compelled automotive manufacturers across Europe to increase engine size within prescribed dimensions thus driving product adoption6/26in this region7/. However, sluggish growth rate pertaining towards vehicle production may hamper growth during the forecast period8/.
Growth Factors:
- Increasing demand for automobiles: The global automotive pressure transducers market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for automobiles across the globe.
- Rising disposable income: The growth of the automotive pressure transducers market is also attributed to rising disposable incomes in developing countries, which has led to an increase in demand for luxury cars and SUVs.
- Technological advancements: Automotive pressure transducers are witnessing rapid technological advancements, with manufacturers focusing on developing products that are smaller in size and consume less power. This is likely to fuel the growth of the automotive pressure transducers market during the forecast period.
- Stringent emission norms: Stringent emission norms have compelled automobile manufacturers to adopt advanced technologies such as electronic throttle control systems (ETCS) and gasoline direct injection systems (GDI), which require high-quality automotive pressure sensors/transducers for accurate measurement and performance monitoring purposes . This is expected to drive growth of th eautomotivepressuretransducermarketduringtheforecastperiod . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Pressure Transducers Market Research Report
By Type
Gauge Pressure, Absolute Pressure, Sealed Pressure, Vacuum Pressure
By Application
Passenger Car, Commercial Vehicle
By Companies
IFM Efector, Panasonic, AMS, Infenion, Texas Instruments Incorporated, Acare Technology, STMicroelectronics, Baumer, Honeywell International, Omron Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Pressure Transducers Market Report Segments:
The global Automotive Pressure Transducers market is segmented on the basis of:
Types
Gauge Pressure, Absolute Pressure, Sealed Pressure, Vacuum Pressure
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IFM Efector
- Panasonic
- AMS
- Infenion
- Texas Instruments Incorporated
- Acare Technology
- STMicroelectronics
- Baumer
- Honeywell International
- Omron Corporation
Highlights of The Automotive Pressure Transducers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Gauge Pressure
- Absolute Pressure
- Sealed Pressure
- Vacuum Pressure
- By Application:
- Passenger Car
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Pressure Transducers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive pressure transducers are used to measure the pressure in a car or truck. They can be found on engines, transmissions, and other parts of the vehicle.
Some of the major players in the automotive pressure transducers market are IFM Efector, Panasonic, AMS, Infenion, Texas Instruments Incorporated, Acare Technology, STMicroelectronics, Baumer, Honeywell International, Omron Corporation.
The automotive pressure transducers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Pressure Transducers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Pressure Transducers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Pressure Transducers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Pressure Transducers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Pressure Transducers Market Size & Forecast, 2020-2028
4.5.1 Automotive Pressure Transducers Market Size and Y-o-Y Growth
4.5.2 Automotive Pressure Transducers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Gauge Pressure
5.2.2 Absolute Pressure
5.2.3 Sealed Pressure
5.2.4 Vacuum Pressure
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Pressure Transducers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Pressure Transducers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Gauge Pressure
9.6.2 Absolute Pressure
9.6.3 Sealed Pressure
9.6.4 Vacuum Pressure
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Gauge Pressure
10.6.2 Absolute Pressure
10.6.3 Sealed Pressure
10.6.4 Vacuum Pressure
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Gauge Pressure
11.6.2 Absolute Pressure
11.6.3 Sealed Pressure
11.6.4 Vacuum Pressure
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Gauge Pressure
12.6.2 Absolute Pressure
12.6.3 Sealed Pressure
12.6.4 Vacuum Pressure
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Gauge Pressure
13.6.2 Absolute Pressure
13.6.3 Sealed Pressure
13.6.4 Vacuum Pressure
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Pressure Transducers Market: Competitive Dashboard
14.2 Global Automotive Pressure Transducers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IFM Efector
14.3.2 Panasonic
14.3.3 AMS
14.3.4 Infenion
14.3.5 Texas Instruments Incorporated
14.3.6 Acare Technology
14.3.7 STMicroelectronics
14.3.8 Baumer
14.3.9 Honeywell International
14.3.10 Omron Corporation
